PRA Group (NASDAQ:PRAA – Get Free Report) will announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
PRA Group (NASDAQ:PRAA – Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The business services provider reported ($0.22) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.13. PRA Group had a negative net margin of 10.40% and a negative return on equity of 6.82%. The firm had revenue of $221.42 million during the quarter, compared to analysts’ expectations of $208.25 million. During the same quarter in the prior year, the company earned $0.41 EPS. The company’s revenue was down .6% compared to the same quarter last year. On average, analysts expect PRA Group to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.
PRA Group Price Performance
Shares of PRAA stock opened at $24.95 on Friday. The stock’s 50-day moving average is $24.78 and its 200 day moving average is $22.31. PRA Group has a 1-year low of $11.85 and a 1-year high of $35.12. The company has a market cap of $981.78 million, a P/E ratio of -11.71 and a beta of 1.47.
Analyst Ratings Changes
Read Our Latest Stock Report on PRA Group
Insiders Place Their Bets
In other news, CEO Vikram A. Atal sold 5,830 shares of PRA Group stock in a transaction on Monday, April 15th. The shares were sold at an average price of $24.39, for a total value of $142,193.70. Following the transaction, the chief executive officer now directly owns 155,625 shares of the company’s stock, valued at approximately $3,795,693.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.00% of the stock is owned by company insiders.
PRA Group Company Profile
PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies.
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